Bush economy speech: Blame Congress!

[billyslo87]

On Jan. 3, 2007 the DOW closed at 12,621.77, the GDP for the previous quarter was %3.5, unemployment was at %4.6. The US had 52 straight months of job creation. On Jan. 3 the Dems took over the House and Senate. Barney took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee. Where were the economic crashes? Banking and Financial. Oh and Bush asked congress 17 times to stop Fannie and Freddie but Barney called it "a Chicken Little Philosophy."

[phildog67]

July 2008 the World Bank report argues that the drive for biofuels by American and European governments has pushed up food prices by 75%. That is in stark contrast with the White House's claims that using crops for fuel, rather than food, has only pushed prices up by 2-3%.

[KabulNew]

You repeatedly fucked yourself and everyone else.

[CasperCee]

@KabulNew Bush got unemployment down to 4.4% AFTER 9-11, 2 wars, the worst terrorist attack in American history, and one of the most devastating natural disasters (Katrina) in American history.

"Fucked America"? That didn't happen until the Democrats took control fo Congress & Senate and controlled the spending after 2006. It only got worse when the brain-dead morons who are allowed to vote put an unaccomplished fraud in the White House who took unemployment to over 10.

[MarcFuentos]

Bush totally made stupid decisions to expand government. But the real blame still remains with the Congress for allowing this moron to continue his funding. Unfortunately, Obama is following in his footsteps with more mindless spending.

[SUPRaTT2007]

were in a recession. there i said it.

[escobari]

...and 50% will buy it

[NoSocialistAmerica]

George Bush has been in office for 7 1/2 years. The first six the economy was fine.

But American's wanted 'CHANGE'! So, in 2006 they voted in a Democratic Congress & yep--we got 'CHANGE' all right. In the PAST TWO YEARS:

1) Consumer confidence has plummeted ;

2) Gasoline is now over $4 a gallon & climbing!;

3) Unemployment is up to 5% (a 10% increase);

4) Americans have seen their home equity drop

by $12 TRILLION DOLLARS & PRICES STILL DROPPING;

5) 1% of American homes are in foreclosure.

[Zenome]

To "NoSocialistAmerica" I dont know where the hell you got the idea the first 6 years of the economy was "fine". If you're a moron who didn't realize it before then you should by now, you dumb ass idiot.

[TYX91101]

So why did the Republicans lose? Because they had already DOUBLED the national debt. The only thing the Democrats did wrong was continue to play along with Bush. He should have been IMPEACHED for treason.

[asunsetinmyveins]

you are ridiculous. if you think it'll be any different under a democratic executive and a democratic congress, you are delusional. this has nothing to do with presidet bush. nosocialistamerica is completely correct: this is congress's fault (they are supposed to practice CONGRESSIONAL OVERSIGHT), so thank your representatives!

[davetileguy]

@TYX91101 Ya Treason ! you moron parrot.

[CasperCee]

@davetileguy Let's see: did the Democrats block oil production in Anwr? YES.

Did the Democrats block to expand oil refineries? YES.

Did the Democrats block the use of nuclear energy and block the Amendment that use Yucca Mountain? YES.

Did oil prices go up? Yes. DId energy prices go up?

So why are all you libs crying when Bush, OR ANYBODY, tells the truth about Democrats?

[davetileguy]

@CasperCee Calm down there,I'm on your side!

[davetileguy]

@TYX91101 Interesting.. so the president writes the checks? I thought congress did! wow u sure are smart Forest!

[FUCKSAKESOMEGA]

listen up boppers its time to pull up your underwear stand up straight and stop letting your government fuck you up the arse.weres ye balls now bush haha

[manny4life]

hey to average Americans like me:

I'M AS MAD AS HELL AND I'M NOT GONNA TAKE THIS ANYMORE!!!!!!!!

Its time to get pissed people, liberal, moderate, or conservative we all have one thing in common, the elite have been fucking us for too long.

GET MAD!!!

[ghorse68]

Right on !!

I really miss the 90's, wasn't so much greed and fear, $1 gas, lower cost of living, jobs. Is it possible that Bill Clinton was a good president?

[davetileguy]

@ghorse68 He got lucky with the tech boom.

[GWISAHERO]

And just to add some more. We aren't in an official recession and once we do enter one you can definitely blame Congress for that as well. I love how everyone thinks Mr. Bush is a retard when he has done more in his "Lame Duck" year then most other presidents have done in their entire term. You people need to wake up and smell the coffee.

[GWISAHERO]

President Bush nailed the nail on the head in this speech. Ever since the democrats took control of Congress it has gone downhill. And to think that you idiots want Barack to run this country. I have never seen a presidential nominee that lies more then Barack. And just to add to it all I live in Chicago, IL and I love how people think that he is MLK. He is a fucking idiot that has done nothing for this state what so ever. Crime is up, IL is corrupt as can be and you want him to run our nation.

[headslo]

You guys are so critical of him but when you should be thanking him that your still alive. If Obama gets elected, our country will face repeated attacks of terrorism from a variety of countries and terrorsit groups. Look at the big picture guys.

[tragicnation]

Lol people like you act like terrorism existed only in the past 8 years. Like terrorism is in a definite place that will give a formal surrender. Or could terrorism be just an ideal by fanatics. By the way Iraq had nothing to do with 9/11.

[hiwaymanx]

It's official: worst president in history. Passing the buck instead of taking the bulls by the horn is a sign of a failure and a coward.

[davetileguy]

@hiwaymanx Dolt

[fliinig12]

wanna smack that bitch in his face..terrible job he's doing i mean, if you call an economic crisis a good job lol iuno what to say, and why wont he pay for the damage he has done i mean he's president so i know he has a pretty good bank roll, and a war in a iraq? for what pointless billions of dollars lost and now working americans have to pay, lol yea i bet bush's mother is very proud (not sarcasim)

[BritIronRebel]

Congress DESERVES to get the blame on every single thing Bush mentioned!!  Every single one of them was a FACT.

[someonesgottafilm]

TRUE THAT!!!

Go Bush!!

and fu** the demecratic megority

[BritIronRebel]

Even Bill Clinton agrees: Going very much against the media meme that the current financial crisis is all George W. Bush and the Republicans' fault, Bill Clinton on Thursday told ABC's Chris Cuomo that Democrats for years have been "resisting any efforts by Republicans in the Congress or by me when I was President to put some standards and tighten up a little on Fannie Mae and Freddie Mac"

[davetileguy]

@BritIronRebel Dolt

[davetileguy]

@BritIronRebel Dolt

[BritIronRebel]

Watch YouTube video: watch?v=VgctSIL8Lhs

[BritIronRebel]

Search New York Times 2003 article:" New Agency Proposed to Oversee Freddie Mac and Fannie Mae". Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Among the groups denouncing the proposal today were the Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing.

[apennello2000]

He's right, congress is to blame.

He should'nt even thanked congress once.

[jimmycapp29]

Here's a fun fact:

The Dow Jones was at 11,500 in Jan. 2000 when Bush took office.

Today, nearly eight years later, it's at 11,370 and still falling!

Heck of job Bush!

[BritIronRebel]

It wasn't at 11,500 in 2000 when Bush took office, it was on a down-turn. The Stock Market set records under Bush going over 12,000 for the first time in history. Unemployment is still low. The price of oil which no President can change is the single most contributing factor to the lower Stock Market since Democrats took control of the Congress.

I guess you never realized that the Stock Market goes up and down before.

[tragicnation]

lobbying for oil...surprised?